Natural gas price in EU looks weak, ready to explore deeper in the pre-war range.

Is it the changes in the infrastructure and relatively weak demand from the "now dead" european industry?

The russian gas is still very much in the EU pipelines, in some countries it still dominates.

Biden has stopped the LNG export infrastructure expansion.

Does this pre-shadow the end of the Ukraine war? Or a pause?

What about windfall taxed energy companies? Are there bailouts on the horizon?

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And by the way look at the volume, very little gas was bought at the super high prices. At least in this futures contract that is.